The top Tesla shareholders are Elon Musk, Vanguard, BlackRock, and State Street. https://t.co/fPp3dfdTHA ...

Nov 4 Update:10 #Bitcoin ETFsNetFlow: -1,723 $BTC(-$180.02M)🔴#BlackRock outflows 1,748 $BTC($182.6M) and currently holds 799,701 $BTC($83.55B).9 #Ethereum ETFsNetFlow: -38,833 $ETH(-$138.25M)🔴#BlackRock outflows 22,681 $ETH($80.74M) and currently holds 3,970,064 $ETH($14.13B).https://t.co/z4Oo8lgk73 ...

Market Analysis & Trends - The crypto market experienced a significant liquidation event in October, potentially the largest in its history [3][4][20] - Fundamentals, such as Ethereum stable coin volumes and application revenues, are currently leading price in crypto [4] - Bitcoin is consolidating, and a rally towards the year-end is anticipated [4] - The market is undergoing a distribution of Bitcoin from a few massive holders, resembling an IPO pricing process [12][10] - Bitcoin's volatility has decreased, and its correlation with traditional assets is lower, making it a diversification option [12][14] - Despite consolidation, Bitcoin remains above the 50-week moving average, currently around $103,000, indicating the trend is still bullish [16] Institutional Activity & Concerns - Onchain data indicates that clients of Binance and BlackRock are selling Bitcoin, not the institutions themselves [2][6] - Approximately 0.114% billion worth of Bitcoin was sold in a recent dip, which is less than 0.5% of Bitcoin's total asset value [2][6][7] - Wintermute, a market maker, is rumored to be considering legal action against Binance due to losses from the October 10th crash [19][20] - Wintermute experienced auto-deleveraging (ADL) at "ridiculous prices" on Binance, leading to potential legal challenges [21][23] Future Outlook - The United States of America is backing crypto as a new asset class, suggesting a positive outlook in the long term [26] - Clarity in regulations and the beginning of tokenization are expected to accelerate Bitcoin's growth [16]

Financial Data and Key Metrics Changes - Adjusted net income reached $1.4 billion, or $2.17 per share, representing a 17% year-over-year increase [3] - Fee-related earnings (FRE) were $652 million, up 23% year-over-year, with management fee growth of 22% [4] - Spread-related earnings (SRE) excluding notables were $846 million, with an estimated Q4 SRE of approximately $880 million, leading to a projected full-year SRE of $3,475 million, an 8% year-over-year growth [4][39] Business Line Data and Key Metrics Changes - Asset management generated record inflows of $82 billion, with $59 billion from asset management and $23 billion from retirement services [5] - Average origination for the quarter was $75 billion, with a stable average spread of 350 basis points over Treasuries [5][25] - The retirement services segment saw $23 billion in gross inflows, with year-to-date inflows totaling $69 billion [18][34] Market Data and Key Metrics Changes - Record assets under management (AUM) reached $908 billion, a 24% increase year-over-year [36] - The annuity market has significantly expanded, driven by a growing retiree population and demand for guaranteed income [18][34] - The origination volume for the last 12 months exceeded $270 billion, up more than 40% compared to the prior period [25] Company Strategy and Development Direction - The company is focused on capitalizing on three strong fundamentals: financing the global industrial renaissance, addressing the retirement crisis, and providing alternatives to public markets [6][7] - The strategy includes expanding origination capabilities and enhancing product offerings across various markets, including insurance and traditional asset management [8][30] - The company anticipates a 20%+ growth in FRE for 2026, driven by existing business momentum and new initiatives [42][43] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing demand for private assets and the ability to navigate current market conditions [10][11] - The outlook for asset management is bright, with expectations of continued innovation and growth in various segments [16][42] - Management highlighted the importance of maintaining a strong origination pipeline to support future growth [24][41] Other Important Information - The company closed the acquisition of Bridge, which is expected to contribute approximately $300 million in annual fee-related revenues [37] - The company executed over $350 million in share repurchases during the quarter, reflecting opportunistic capital management [45] Q&A Session Summary Question: Discussion around origination targets and outlook - Management indicated that while origination activity has exceeded expectations, it would be premature to adjust the five-year origination targets at this time [48][49] Question: Wealth market trajectory and product pipeline - Management noted that the wealth market is on pace with previous targets, and the expansion of the product suite is expected to drive future growth [51][52][53] Question: Concerns regarding private letter ratings in insurance - Management refuted concerns about systemic risks related to private letter ratings, emphasizing Athene's strong credit quality and diversified ratings [58][59][63]

JUST IN: 🇦🇺 BlackRock to launch a Bitcoin ETF in Australia https://t.co/eDfp54U1SW ...

bitcoin long-term holders dumped 405,000 btc in 30 days. 1.94% of entire supply changed hands from diamond hands to leverage traders. blackrock sold $2.35b in one day after being the bid for months. $1.8b in longs get liquidated if we break $95k. that's your line in the sand. ...

Cathie Wood’s Ark Invest is increasing its bet on Bullish Holdings, the crypto exchange backed by billionaire Peter Thiel, with a new $11.98 million share purchase this week. The latest buy marks Ark’s continued accumulation of Bullish stock (BLSH) following its public debut in August. According to Ark’s Monday trading disclosure, the investment firm acquired a total of 238,346 Bullish shares across three of its actively managed exchange-traded funds. The flagship ARK Innovation ETF (ARKK) picked up 164 ...

JUST IN: 🇦🇺 BlackRock to launch #Bitcoin ETF in Australia. https://t.co/akTtrSnbdy ...

Group 1: Market Overview - Amazon has announced a significant $38 billion computing deal with OpenAI, which will enhance OpenAI's access to computing power using Nvidia GPUs [5][1] - The Federal Reserve is currently evaluating its rate path, with a 69% chance of a rate cut in December being priced in by the markets, despite some Fed officials expressing doubts about further cuts this year [6][4] - The Dow is down approximately 213 points, while the S&P 500 shows a slight gain, indicating a mixed market performance [115][3] Group 2: Economic Indicators - A report highlights slowing income growth for young workers, with real wage gains for those aged 25 to 29 being around 2%, which is significantly impacted by higher inflation [100][102] - The job market is experiencing a low hiring and low firing environment, which is particularly affecting young workers who rely on job switching for career advancement [105][106] - Concerns are raised about the structural shifts in employment due to AI, particularly in the tech sector, which may not align with traditional business cycle dynamics [26][32] Group 3: Federal Reserve Insights - Chicago Fed President Austin Goulby expressed unease about front-loading rate cuts, citing inflation concerns and the need for careful observation of economic indicators [8][12] - Goulby noted that inflation has been above target for over four years, with recent core inflation running at an annualized rate of 3.6% [14][29] - The Fed is balancing its dual mandate of managing inflation while supporting employment, which is currently in tension due to the labor market dynamics [106][113] Group 4: Corporate Developments - Microsoft has signed a data center deal with Iron, a Neocloud provider, continuing the trend of significant investments in AI infrastructure [6][5] - Cisco has received an upgrade from UBS, driven by a multi-year growth cycle fueled by AI infrastructure demand [74] - Core Mining is acquiring New Gold for approximately $7 billion in an all-stock deal, reflecting ongoing consolidation in the mining sector [79]

Core Insights - Recent earnings momentum has been observed in certain stocks, with increases to consensus estimates [1] Group 1 - The stocks mentioned have demonstrated positive earnings trends [1] - There has been a notable rise in consensus earnings estimates for these stocks [1]